UAE Firm Buys 30% Stake in Egypt Tobacco Giant for $625 Million
A United Arab Emirates investment firm bought a 30% stake in Egypt’s largest tobacco firm for $625 million,
2023-09-04 02:21
HSBC Names Saudi Investment Bank Co-Heads Amid Pick-Up in Deals
HSBC Holdings Plc’s Saudi Arabia unit named two new managing directors and co-heads of investment banking, as global
2023-09-04 00:27
Higher-for-Longer Mantra Starts to Weigh on Emerging-Market Debt
Emerging-market central banks are joining their developed peers in pushing back against expectations of a rapid switch to
2023-09-03 21:24
Hunt Pledges Commitment to UK Steelmaking After Tata Aid Report
UK Chancellor Jeremy Hunt said the government is committed to producing steel in Britain after a report of
2023-09-03 21:23
South Africa’s Eskom to Cut 5,000 MW From Grid Until Monday
South Africa’s state-owned power company plans to implement rolling power cuts as multiple generation unit failures compounded the
2023-09-03 21:19
UBS’s Ermotti Says Bank Size Presents No Danger for Switzerland
UBS Group AG’s chief executive officer sought to allay concerns about the banking giant’s size after the takeover
2023-09-03 20:24
Ukraine Recap: Russia Targets Odesa Region With Swarm of Drones
Russia launched several waves of Shahed loitering drones overnight, with many aimed at port facilities and other infrastructure
2023-09-03 18:20
Lab-Grown Gems Are Crashing Prices for One Key Type of Diamond
One of the world’s most popular types of rough diamonds has plunged into a pricing free fall, as
2023-09-03 17:54
Saudi PIF to Create Steel Giant with $3.3 Billion Sabic Deal
Saudi Arabia’s sovereign wealth fund is set to create a new steel giant with the acquisition of the
2023-09-03 16:29
Europe’s Retail Bond Rush Shows Household Savers’ Growing Clout
A pair of bond sales in the past week shows how European governments are increasingly turning to households
2023-09-03 15:54
Hong Kong’s Stock Market Liquidity Task Force to Meet This Week
Hong Kong’s stock-market liquidity task force will hold its first meeting this week to study methods to expand
2023-09-03 14:24
Killings Grip Arab Towns in Israel as Wave of Violence Builds
Gunshots felled Abdel Rahman Kashua last month right in front of a police station, escalating a wave of
2023-09-03 13:59